Hey guys,
I think my post relates to this a lot. Everyone talks about mortgages and SIVs and those bad guys at Walstreet. There is one huge imbalance that many know about, but nobody really blames it for the current state of economy yet it is even more important than greedy investment banks.
TRADE WITH CHINAIf you go shopping, everything, and I say
everything from diapers to furniture is
made in China today. Go to Walmart and take a look at labels to find out where things are made. If you can find something made in the USA in Walmart, tell me about it, take a picture and send it to me!
Can you imagine how much we all (I mean especially the middle class) would be better off if all the stuff we buy every day was
made here in the USA?
Yes, it would not be as cheap, I agree, but more people would have jobs, people would also have
more money for their work, we would have more pride in what we buy. We would not be filling our houses with all the low-quality Chinese sh-t that breaks so easily.
This all economy mess is fault of BUSH and his administration because they were incapable and unable to take measures to prevent such a huge imbalance with China which reaches historical records every month! This really makes me mad.. because there is so little I can do about it.
And the USA economy will keep deteriorating until this imbalance is in place!